Andrew Hart
Real Broker
(818) 463-1176
64 Total Sales
1 in Pacoima
$314,000 Price
10714 Sutter Ave Pacoima, CA 91331
Pacoima Area
2
Beds
1
Bath
4,960
Sq Ft
7,102
Sq Ft Lot
About This Home
As of September 2025Located in the heart of Pacoima, 10714 Sutter Avenue is a well-positioned 8-unit apartment complex offering a strong value-add opportunity for investors. Built in 1961, the property consists entirely of (8) two-bedroom, one-bathroom units, totaling approximately +/-4,960 square feet of rentable space on a +/-7,102 square foot lot. The building is subject to Los Angeles' Rent Stabilization Ordinance (RSO), making it an ideal long-term hold in a supply-constrained rental market.With a significant rental upside of approximately +/-85%, the asset provides substantial income growth potential. Additionally, the property presents an opportunity to add an on-site laundry room, creating an additional income stream for ownership. Notably, the building is not subject to mandatory soft-story seismic retrofit requirements, reducing future capital improvement obligations.Tenants benefit from excellent proximity to major retailers such as Costco, Lowe's, and Best Buy, along with convenient access to Highway 118 and the 5 and 210 Freeways--ensuring strong rental demand and accessibility.
Last Agent to Sell the Property
Keller Williams Realty License #01921866 Listed on: 05/05/2025
Last Buyer's Agent
Jose Ruiz
Todd Olson,Referrala License #01168926
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 7,102 Sq Ft Lot
- No Common Walls
- No Sprinklers
Home Design
- 4,960 Sq Ft Home
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Parking
- 8 Parking Spaces
- Parking Available
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 104
- Assessor Parcel Number 2535025005
Community Details
Overview
- 8 Units
Building Details
- Rent Control
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,002
- Fuel Expense $3,437
- Insurance Expense $8,000
- Maintenance Expense $4,800
- Pest Control $900
- Trash Expense $8,364
- Water Sewer Expense $17,853
- New Taxes Expense $15,540
- Operating Expense $60,985
- Gross Income $123,288
- Net Operating Income $59,837
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2025
Closed on
Aug 19, 2025
Sold by
Bought by
Seller's Agent
Casey Picard
Keller Williams Realty
Buyer's Agent
Jose Ruiz
Todd Olson,Referrala
List Price
$1,360,000
Sold Price
$1,250,000
Premium/Discount to List
-$110,000
-8.09%
Views
17
Purchase Details
Closed on
Oct 27, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Interest Rate
2.8%
Mortgage Type
Construction
Purchase Details
Listed on
Sep 18, 2012
Closed on
Sep 26, 2012
Sold by
Bought by
Seller's Agent
Dan Tresierras
Park Regency Realty
Buyer's Agent
Kifah Azzuz
MB Real Estate
Sold Price
$675,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.52%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 13, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.52%
Mortgage Type
Seller Take Back
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Pacoima, CA
-
Andrew Hart
-
Genaro Robles
Genaro Robles
RBS Realty
(818) 418-1908
108 Total Sales
1 in Pacoima
$520,000 Price
-
Deborah Gates
Deborah Gates
eXp Realty of Greater Los Angeles Inc.
(805) 433-9293
280 Total Sales
1 in Pacoima
$625,000 Price
-
Anwar Caram
Anwar Caram
Responds QuicklyCalifornia Prudential Real Est
(747) 307-5013
53 Total Sales
1 in Pacoima
$650,000 Price
-
Mark Lear
Mark Lear
WERE Real Estate Inc
(657) 223-8121
353 Total Sales
1 in Pacoima
$742,000 Price
-
Arthur Ambarchyan
Arthur Ambarchyan
Responds QuicklyKeller Williams R. E. Services
(747) 271-1402
80 Total Sales
2 in Pacoima
$770K - $800K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,250,000 | Chicago Title Company | ||
| -- | First American Title Company | ||
| $675,000 | Lawyers Title | ||
| $287,500 | North American Title Co Inc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $768,000 | ||
| Previous Owner | $337,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/03/2025 09/03/25 | Sold | $1,250,000 | -3.5% | $252 / Sq Ft | |
| 07/01/2025 07/01/25 | Price Changed | $1,295,000 | -4.8% | $261 / Sq Ft | |
| 05/05/2025 05/05/25 | For Sale | $1,360,000 | +101.5% | $274 / Sq Ft | |
| 10/23/2012 10/23/12 | Sold | $675,000 | -- | $136 / Sq Ft | View Prior Sale |
| 09/18/2012 09/18/12 | Pending | -- | -- | -- |
Source: Pasadena-Foothills Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,077 | $831,201 | $369,423 | $461,778 |
| 2024 | $10,875 | $814,904 | $362,180 | $452,724 |
| 2023 | $10,681 | $798,927 | $355,079 | $443,848 |
| 2022 | $10,218 | $783,263 | $348,117 | $435,146 |
| 2021 | $10,076 | $767,906 | $341,292 | $426,614 |
| 2020 | $10,167 | $760,033 | $337,793 | $422,240 |
| 2019 | $9,796 | $745,131 | $331,170 | $413,961 |
| 2018 | $9,674 | $730,522 | $324,677 | $405,845 |
| 2016 | $9,181 | $702,157 | $312,070 | $390,087 |
| 2015 | $9,057 | $691,611 | $307,383 | $384,228 |
| 2014 | $9,135 | $678,064 | $301,362 | $376,702 |
Source: Public Records
Agents Affiliated with this Home
-
Casey Picard
Seller's Agent in 2025
Casey Picard
Keller Williams Realty
(626) 376-9233
26 Total Sales
-
J
Buyer's Agent in 2025
Jose Ruiz
Todd Olson,Referrala
-
Ramon Rascon
Buyer Co-Listing Agent in 2025
Ramon Rascon
Intero Real Estate Services
(800) 577-1638
69 Total Sales
-
Dan Tresierras
Seller's Agent in 2012
Dan Tresierras
Park Regency Realty
(818) 356-6356
19 Total Sales
-
Kifah Azzuz
K
Buyer's Agent in 2012
Kifah Azzuz
MB Real Estate
(818) 657-6500
9 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-22073
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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